Swastika Investmart has come out with its report on Senco Gold. The research firm has recommended to “ Subscribe ” the ipo in its research report as on July 04, 2023.
The RBI's policy decision would be the major event driving trading sentiment in the equity market this week, while global cues, foreign funds movement and crude oil prices will be the other key factors to watch out for, analysts said. Markets have been witnessing a rebound recently.
According to Swastika Investmart, USDINR is expected likely to open in a negative note today. Momentum indicator is reflecting its relief shadow over short positions as on daily chart we are visiting divergence.
USDINR is likely to open in negative note today. On the account of RBI credit policy we had a volatile session yesterday. Momentum indicators are acting biased for both the players. For intraday, traders are advised to go for short, says Swastika Investmart.
USDINR is still trading in 65.70-65.90 range. For positional players, 65.60-65.75 will be the range where they should go for long again with a target of 66.25.For intraday; traders are advised to go for sell on high strategy, says Swastika Investmart.
Global markets are speaking in the favor of rupee strengthening. In addition, USDINR is respecting trend line resistance on weekly chart. Momentum indicators are cheering for bear‘s side. Traders are advised to keep an eye on the level of 66.77 as it can play an important role for today, says Swastika Investmart.
USDINR is respecting trend line resistance on it weekly chart. Today is the day for short players to earn some profits as momentum indicators like RSI and stochastic are waving their flags in support for short players. Global markets showed some bounced back after long lasting hit by china‘s woes, says Swastika Investmart.
USDINR is currently trading above psychological level of 67. Momentum indicators are showing mixed feelings for both long and short players. Traders are advised to keep an eye on the level of 67.50 as this level can be a game changer, says Swastika Investmart,
According to Swastika Investmart, Indian Rupee may trade on a neutral to positive note against the dollar taking cues from rating outlook upgrade of the Indian economy and strength in the domestic markets.
Accordint to Swastika Investmart, Indian Rupee may trade on a neutral to negative note against the dollar taking cues from positive jobs data from U.S. However, strength in the domestic market may cap sharp gains in the dollar.
Swastika Investmart expect the rupee to trade on a neutral to positive note against the dollar taking cues from weak employment data from US and positive global markets. However, strength in the dollar index may cap sharp gains in the rupee.
Accordint to Swastika Investmart, Indian Rupee may trade on a neutral to positive note. However, corrections in the domestic market may cap sharp gains the rupee, says the report.
Accordint to Swastika Investmart, Indian Rupee is expected to trade on a neutral to positive note against the dollar taking cues from lower However, weak domestic market sentiments may cap sharp gains in the rupee.
Accordint to Swastika Investmart, Indian Rupee is expected to trade on a neutral to positive note However, corrections in the domestic market and cautious sentiments ahead of Fed policy meet may cap sharp gains in the rupee.
Accordint to Swastika Investmart, Indian Rupee is expected to trade on a neutral to positive note However, with dollar index near the 100 levels and corrections in the domestic markets, sharp gains in the rupee can be limited
Accordint to Swastika Investmart, Indian Rupee is expected to trade on a neutral to positive note against the dollar taking cues from weaker dollar index, positive industrial output in India and upbeat global markets.
According to Swastika Investmart, rupee is expect to trade on a neutral to negative note against the dollar taking cues from strength in the dollar index and weakness in domestic markets.
According to Swastika Investmart, Indian rupee is expect to trade on a neutral to negative note against the dollar taking cues from strength in the dollar index and positive GDP data from US.
According to Swastika Investmart, expects the rupee to trade on a neutral to positive note against the dollar taking cues from less positive than expected economic data from US and upbeat global and Asian markets
Swastika Investmart has advised intraday traders to short Nifty with strict stop loss at 8950 mark while any dip around 8825 mark should be bought with stop loss at 8800mark, says the report.
According to Swastika Investmart, Indian Rupee is expected to trade on a positive note However, weakness in some global markets and month end dollar demand by importers may cap sharp gains in the rupee
According to Swastika Investmart, Indian Rupee is expected to trade on a negative note However, upbeat world market sentiments may cap sharp gains in the dollar.
According to Swastika Investmart, the market may remain volatile today, as traders roll over positions in the futures & options (F&O) segment from the near month August 2014 series to September 2014 series.
Swastika Investmart has come out with its report on monetary policy review. After a disappointing economic growth at 6.1% in Q3 FY-12 and 13th consistence rate hiked in key policy rates, finally the Reserve bank of India (RBI) slashed the policy rates by 50 basis points.
Swastika Investmart is bullish on Pidilite Industries and has recommended buy rating on the stock with a target of Rs 220 in its April 11, 2012 research report.